Operating ActivitiesLTMDec '24

Net Income

320.3

268.2

Depreciation & Amortization

51.3

51

Share-Based Compensation Expense

32.6

25.6

Other Adjustments

-8.4

-8.4

Changes in Other Operating Activities

-4.7

-63.6

Cash from Operating Activities

398

272.8

Investing ActivitiesLTMDec '24

Capital Expenditure

-57.5

-36.6

Proceeds from Sale of Property, Plant & Equipment

—

—

Purchases of Investments

—

—

Proceeds from Sale of Investments

—

—

Payments for Business Acquisitions

-39

-200.5

Proceeds from Business Divestments

—

—

Other Investing Activities

214.1

3.9

Cash from Investing Activities

118.6

-233.2

Financing ActivitiesLTMDec '24

Issuance of Short-Term Debt

—

—

Repayments of Short-Term Debt

—

—

Issuance of Long-Term Debt

—

190

Repayments of Long-Term Debt

-332.5

-191.9

Net Issuance / (Repayments) of Long-Term Debt

-332.5

-1.9

Repurchases of Common Shares

—

—

Net Issuance / (Repurchases) of Common Shares

—

—

Common Share Dividends Paid

-51.5

-46.9

Other Financing Activities

-3.3

-0.9

Cash from Financing Activities

-391.1

-49.7

Free Cash FlowLTMDec '24

Free Cash Flow

340.5

236.2

NOPAT

745.6

281.9

Levered Free Cash Flow

22.5

243.6

Unlevered Free Cash Flow

734.7

232.7

Net Change in Cash

125.5

-10.1